Farm
and Ranch Co.
Reason
For Considering
Professional Farm Management
1.
The Owner is a non-resident.
2. Lacks technical
knowledge about agriculture.
3. Is hopeful
of increased return on investment under another person's
supervision.
4. Is unable
to work with the tenant operators.
5. Wants to be
relieved of complications and responsibility of the farm's
operation.
6. Is of an age
or physical condition that makes self-management impractical.
7. Is part of
an estate, trust, or institution that may require professional
management for its property.
Any person managing property for others should
possess a number of personal characteristics necessary to do the
quality of work required. Honesty,
sincerity, and knowledge
of agriculture are several attributes among many; above all, it
must be apparent the manager is
working in the interest of the client.
Persons or entities that own farm real estate but who do not wish
to supervise it may need or desire the services of a professional
farm manager.
How do farm owners (currently using the services of a farm management
firm) rate them? According to a recent survey of farm owners with
professional farm management, 95 percent of the respondents stated
that their farm manager had lived up to their expectations. Plus,
82 percent said their farm manager had significantly improved their
farms' profitability.
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